Cryptocurrency allows you to earn in various ways. Therefore, it is worth considering three main options:
1. Long-term investment. This strategy involves buying promising currencies and holding them for a certain period (usually from 3 to 4 months to a year or more). If you want to know which cryptocurrencies will be promising in the future, you can get basic training at the Binance Academy.
2. Active trading. Thanks to high volatility, you will be able to trade successfully in the market. This will allow you not to hold assets for several months, but to update them continuously. You can work with different trading pairs, apply stop-loss orders, etc. For active trading, it is recommended to understand what technical analysis is and how it is performed.
3. Staking. This term refers to the passive income you can earn from holding cryptocurrency. A certain percentage will be paid to you as if you had made a deposit.